Investing in Sustainable Development
By Saghir Aslam
Rawalpindi, Pakistan

 

(The following information is provided solely to educate the Muslim community about investing and financial planning. It is hoped that the ummah will benefit from this effort through greater financial empowerment, enabling the community to live in security and dignity and fulfill their religious and moral obligations towards charitable activities)

To change someone’s life we do not need to invest thousands and millions but a simple investment of few hundreds through providing a goat could bring immense financial stability to a struggling family in the remote and rural areas of developing countries.

This investment has done wonders for thousands of families in different parts of the world who have pulled themselves out of the poverty cycle with the donation or a goat.

This is in most cases a life time investment which helps families to have proper food, provide education to the children, have proper shelter and access to other basic needs. In most of cases people in rural areas have some basic skills on something like goat farming.

The way it works is a pair of goat or female goat is given to the family in the community who is responsible for properly taking care of the goat. This is often a loan and to pay back each time the goat gives birth, the female offspring is given to another community member. This applies on each and every community member which gives opportunity to others to benefit from the same.

They not only get milk, butter, cheese but in some cases they can sell in goats once herd has increased in number.

A good quality goat normally would cost $300 in a developing country such as Pakistan, elsewhere the cost may vary, which will not only provide milk and other dairy products to the family in need but a sustainable source of income.

There are number of organizations locally, internationally and in developing countries that are running such projects at different scales where there is extreme poverty.

It is important that we encourage people to make effort, do their part and help themselves while we assist them with whatever their shortcomings are.

To donate you can log on to www.sabatrust.org , call on 714-305-5425 or email us at: info@sabatrust.org

(Saghir A. Aslam only explains strategies and formulas that he has been using. He is merely providing information, and NO ADVICE is given. Mr. Aslam does not endorse or recommend any broker, brokerage firm, or any investment at all, or does he suggest that anyone will earn a profit when or if they purchase stocks, bonds or any other investments. All stocks or investment vehicles mentioned are for illustrative purposes only. Mr. Aslam is not an attorney, accountant, real estate broker, stockbroker, investment advisor, or certified financial planner. Mr. Aslam does not have anything for sale.)

 

 

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Editor: Akhtar M. Faruqui
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